As of the July, 2022, release via CMS

BEAUMONT HOSPITAL - TAYLOR

CMS id: 230270
10000 TELEGRAPH RD, TAYLOR MI 48180. County: WAYNE
System: BEAUMONT HEALTH
CBSA: Detroit-Warren-Dearborn, MI

The 180-bed, acute-care hospital had $13,874,494 in net service to patients*, with a total profit margin of 10.07644% in fiscal year 2021, the latest year available.
It spent 2.34% of its operating expenses on uncompensated care and reported $9,783,898 in Medicaid shortfall.

* For more about Net Service to Patients and operating revenue, please the finance section below.

Note: Medians are from acute-care hospitals with "complete" fiscal years. For more about how we calculated medians and cost reports in general, please click here.

Details

	2017	2018	2019	2020	2021
# of days in fyear	365	181	365	366	365
Ownership	nfp	nfp	nfp	nfp	nfp
Acute beds Median	83 118	83 118	83 119.5	83 118	83 119
Total beds Median	189 162	189 162	180 162	180 162	180 163.5
FTEs Median	1,083.16 788.06	1,125.90 793.42	1,096.07 806.03	1,094.72 787.61	1,037.70 804.34

Finances As they appear in worksheet G3 of the cost reports.

Note: Net Patient Revenue is considered operating revenue, which means Net Service to Patients is considered operating profit. Click here for more about cost report financials

Hospital cost reports are an enormously complicated dataset. There are whole organizations and an offical CMS vendor dedicated to helping researchers work with the data.
It's important to understand that hospital financials in cost reports are not organized in the same as other sources such as annual financial reports to bond holders.

The biggest difference is the concept of operating revenue and profit. Net Service to patients (NS2P), which is the sum of net patient revenue minus operating expenses, is considered the equivalent of operating profit according to the Medicaid and CHIP Payment and Access Commission (MACPAC). See the last paragraph of "Primary Data Sources" on page 55 of Annual Analysis of Disproportionate Share Hospital Allotments to States (PDF).

That would make Net Patient Revenue = operating revenue.

All this makes things challenging when comparing what's reported in cost reports to other sources. It becomes clearer when you consider that, beyond the purpose of reimbursement, cost reports are a tool for policymakers trying to understand the financial situation of a hospital doing the tasks specific to hospitals.

In other words, while a facility with a division that formulates drugs might include earnings from that as operating revenue in their corporate annual result, this is not central to the operations of a hospital caring for patients and so it is counted as "other income." (See below the financials section for more on "other income")

The healthcare consulting firm HMP, in a former partnership with Modern Healthcare, did develop a formula for estimating operating revenue closer to what one might find in other sources. We no longer use this for the following reasons:

The measure was not widely used beyond HMP and Modern Healthcare. Many hospitals had their own internal estimates of operating revenue and profit.
Because of this, there was confusion when reporting operating results for individual hospitals. There was often pushback when a facility's internal numbers did not match what Modern Healthcare was reporting.
The formula includes revenue from portions of the "other income" section, which may also include non-operating revenue. HMP themselves point out in a caveat on their site that they cannot exclude all non-operating revenue from their measure.

HMP's operating measure has proven problematic in the past for our reporting and the partnership with them ended years ago. It's best to not use a measure that we alone cannot defend.

	2017	2018	2019	2020	2021
Net patient revenue ? Median	148,977,352 150,932,746	77,914,778 158,950,878	173,145,700 168,696,998	167,286,129 163,454,693	188,781,957 186,589,412
Operating expenses Median	144,633,133 149,311,209	75,577,523 156,110,414	166,446,560 164,890,568	166,789,871 166,516,854	174,907,463 180,120,888
Net income from service 2 patients (NS2P) ? Median	4,344,219 -964,173	2,337,255 -643,601.5	6,699,140 -116,254	496,258 -5,025,862	13,874,494 -1,284,564
NS2P margin ? Median	2.92% -0.62	3.00% -0.29	3.87% 0.18	0.30% -5.07	7.35% -0.88

Range* of Net Service to Patient (NS2P) margins

= NS2P margin for BEAUMONT HOSPITAL - TAYLOR compared to all** acute-care hospitals, from CMS cost reports.
Note: NS2P is considered operating margin by MACPAC. The chart below is interactive: click or touch to see more.

* Data range does not show outliers, which fall beyond the minimum and maximum of the range.
** From cost reports with complete fiscal years. Number of acute-care hospitals available to calculate medians:

2017	2018	2019	2020	2021
3,157	3,092	3,050	3,052	2,566

	2017	2018	2019	2020	2021
Other income* Median Click here to show/hide details	2,485,871 5,089,215	1,183,510 4,572,541	2,719,778 5,268,134	13,763,289 13,092,619	5,928,556 12,369,236
⊳ Line 6: Contributions ? ⊳ Median	42,539 224,999	0 199,009	0 206,870.5	0 194,343	0 249,496
⊳ Line 7: Investments ? ⊳ Median	0 299,524	0 188,688.5	0 370,813	0 309,361.5	0 375,329
⊳ Line 8: Revenue from telephone service	NULL	NULL	NULL	NULL	NULL
⊳ Line 9: Revenue from tv and radio	--	--	--	--	--
⊳ Line 10: Purchase discounts	5,035	4,405	15,221	0	0
⊳ Line 11: Rebates and refunds of expenses	0	13,180	3,940	0	0
⊳ Line 12: Parking lot receipts	0	0	0	0	0
⊳ Line 13: Revenue from laundry and linen service	0	0	0	0	0
⊳ Line 14: Revenue from meals sold to emplyees and guests	91,077	14	322,839	548,529	0
⊳ Line 15: Revenue from rental of living quarters	0	0	0	769,358	19,005
⊳ Line 16: Revenue from sale of medical and surgical supplies	1,579	1,099	1,241	406	-150
⊳ Line 17: Revenue from sale of drugs to other than patients	0	0	0	0	0
⊳ Line 18: Revenue from sale of medical records and abstracts	2,388	0	297	0	0
⊳ Line 19: Tuition (fees, sale of textbooks, uniforms, etc.)	0	0	44,391	0	0
⊳ Line 20: Revenue from gifts, flowers, coffee shops, canteen	44	0	0	0	0
⊳ Line 21: Rental of vending machines	2,126	0	3,855	12,258	0
⊳ Line 22: Rental of hospital space	728,841	433,628	756,600	147,782	0
⊳ Line 23: Gov appropriations ? ⊳ Median	0 1,017,693	0 983,261.5	0 1,173,286	0 1,987,202	0 1,597,664
⊳ Sum Line 24	1,612,242	731,241	1,571,719	12,284,956	5,909,701
Total income ? Median	6,830,090 6,586,430	3,520,765 6,767,106	9,418,918 8,419,950	14,259,547 8,094,175	19,803,050 15,162,888
Non-operating expenses Median	-9,701 146,289.5	604 164,857	0 89,880.5	0 106,761	183,158 31,473.5
Net income Median	6,839,791 6,043,842	3,520,161 5,845,112	9,418,918 7,606,259	14,259,547 7,283,041	19,619,892 14,957,241
Net margin Median	4.51581% 4.62%	4.45036% 4.42%	5.35575% 5.16%	7.87605% 5.2%	10.07644% 9.25%

* About "Other income": Other income, or line 25 in worksheet G3, is the sum of lines 6 through 24. It includes three lines that are considered non-operating revenue - contributions, investments and government appropriations. Medians are included for these three lines. It also contains items that are not central to providing healthcare, such as revenue from parking or gift shops.
"Sum Line 24" is a special case. Called "Other (specify)" in the cost reports, CMS allows for this line to be "subscripted," or divided into sublines like 002400, 002401, 002402. And hospitals do that, up to 100 lines, to detail income (and sometimes negative returns) that are otherwise not covered in the previous "other" lines. Therefore, "Sum Line 24" is the sum of all the lines 24.

Range* of total profit (loss) margins

= Total margin for BEAUMONT HOSPITAL - TAYLOR compared to all** acute-care hospitals, from CMS cost reports.
The chart below is interactive: click or touch to see more.

2017	2018	2019	2020	2021
3,157	3,092	3,050	3,052	2,566

Medicare revenue

Inpatient and outpatient revenue

	2017	2018	2019	2020	2021
All inpatient revenue Median Click here to show/hide details	36,157,874 23,241,334	18,802,673 23,709,545	36,893,227 24,248,380	35,833,437 22,858,541	35,816,341 23,620,613
"All inpatient revenue" is made up of any Medicare payments for routine inpatient, swingbed SNFs, TEFRA, IPF, IRF, inpatient long-term care, CAH and inpatient SNF facilities. Medians are only calculated when there are sufficient facilities reporting revenue.
⊳ Routine inpatient revenue ⊳ Median	23,169,140 21,577,146	12,313,190 22,041,594	24,562,530 22,722,063	24,432,875 21,570,441	22,303,191 22,140,684
⊳ Swingbeds ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Tax Equity and Fiscal Responsibility Act payments (TEFRA) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Inpatient psychiatric facility (IPF) ⊳ Median	2,867,017 1,845,420	1,117,778 1,757,392	2,146,654 1,738,842	1,934,374 1,510,463	1,403,591 1,393,140
⊳ Inpatient rehabilitation facility (IRF) ⊳ Median	10,121,717 3,535,627	5,371,705 3,746,588	10,184,043 3,782,288	9,466,188 3,865,578	12,109,559 3,983,889
⊳ Long-term care hospital (LTCH) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Critical-access hospitals ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Skilled-nursing facilities (SNF) ⊳ Median	0 1,203,033	0 1,215,295	0 1,313,657	0 1,365,298	0 1,179,746
All outpatient revenue Median Click here to show/hide details	7,715,100 11,160,864	4,017,609 11,987,345	8,761,847 12,926,866	8,460,585 11,884,480	8,830,998 13,145,163
"All outpatient revenue" is made up of any payments for routine outpatient, HHA, CMHC, rural health and other federally-qualified health clinics. Medians are only calculated when there are sufficient facilities reporting revenue.
⊳ Routine outpatient revenue ⊳ Median	7,715,100 10,918,923	4,017,609 11,706,976	8,761,847 12,615,917	8,460,585 11,458,116	8,830,998 12,776,716
⊳ Home Health agencies (HHA) ⊳ Median	0 1,282,808	0 1,407,728	0 1,341,512	0 1,407,046	0 1,476,867
⊳ Community mental health clinics (CMHC) ⊳ Median	0 --	0 --	0 --	0 --	0 --
⊳ Rural health clinics ⊳ Median	0 618,038	0 697,279	0 690,232	0 684,010	0 670,558
⊳ Other federally qualified health clinics ⊳ Median	0 --	0 --	0 --	0 --	0 --

Other payments

Item	2017	2018	2019	2020	2021
Graduate Medical Education (GME) Median	4,000,494 3,284,314	1,943,409 3,250,551	3,871,868 3,386,837	3,999,302 3,360,806	3,716,554 3,508,953
Disproportionate-share hospital (DSH) Median	477,685 594,888	254,178 595,761	511,191 577,894	503,350 542,168	445,623 549,667
Outlier Median	226,381 582,572	119,251 538,116	178,696 212,434	246,645 126,559	397,125 139,139

Uncompensated care

Item	2017	2018	2019	2020	2021
Medicaid shortfall Median	4,679,860 3,662,910	2,279,683 3,730,911	7,464,327 4,081,319	12,223,326 4,643,908	9,783,898 4,389,147
Charity care Median	1,582,761 2,654,636	677,828 2,940,659	3,643,182 3,380,215	1,925,733 3,488,738	1,377,143 3,233,405
Uncompensated care (UCC) Median	2,494,494 5,147,790	1,647,579 5,337,617	5,433,846 5,711,082	4,422,729 5,923,418	4,088,150 5,508,107
UCC as a % of operating expenses Median	1.72% 3.24	2.18% 3.12	3.26% 3.21	2.65% 3.3	2.34% 2.86
Total shortfall/UCC Median	7,174,354 9,489,989	3,927,262 9,424,297	12,898,173 10,120,158	16,646,055 11,171,337	13,872,048 10,133,851

Labor costs

	2017	2018	2019	2020	2021
Total salaries Median	66,618,628 52,142,039	34,676,913 54,485,252	73,011,588 57,395,589	71,491,980 58,830,919	68,190,975 61,722,907
Salaries as a % of operating expenses Median	46.06 36.68	45.88 36.56	43.86 36.37	42.86 35.93	38.99 35.24
Intern, resident salaries* Median	0 2,598,592	0 2,686,824	0 2,753,773	0 2,937,156	0 2,909,848
Contract intern, resident salaries* Median	0 1,251,927	0 1,186,494	0 1,204,885	1,761,708 1,279,653	2,025,017 1,469,317
Contract adjusted salaries, direct-care Median	866,254 1,449,244	420,734 1,475,986	114,438 1,563,078	2,377,224 1,721,954	2,431,492 2,991,828
Contract hours, direct-care Median	13,905.00 22,725	6,794.24 23,018.5	1,813.50 24,503.48	55,293.00 25,026.5	58,479.00 33,786
Contract wages, direct-care Median	62.30 64.67	61.93 64.53	63.10 65.06	42.99 68.97	41.58 88.94

* in an approved program

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Cost reports are self-reported by the facility, are subject to revision and should be considered preliminary.

* Net Service to patients (NS2P) equals net patient revenue minus operating expenses. NS2P is considered the equivalent of operating profit according to the Medicaid and CHIP Payment and Access Commission (MACPAC). See the last paragraph of "Primary Data Sources" on page 55 of Annual Analysis of Disproportionate Share Hospital Allotments to States (PDF).

About medians

Medians are calculated from reports with "complete" fiscal years, or reports with fiscal years of at least 300 days and no more than 420 days.

In cases where there are fewer than 50 values reported, medians are not calculated. For childrens' hospitals, it's when fewer than 20 are reported.

Web app by Tim Broderick | email.